119 Water Street S, St. Marys, Ontario

$565,000

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3,972

Square feet

About 119 Water Street S

Discover a fantastic investment opportunity at 119 Water Street South, St. Marysa well-maintained commercial property offering a blend ofbusiness and residential income streams in a prime location. This tenanted building features a thriving main-floor business and two one-bedroomapartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parkingoptions, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in ahigh-visibility area of St. Marys, the building benefits from its strategic location, ensuring consistent foot traffic and exposure for the commercialtenant, while being equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, offeringcomfortable living quarters with a steady rental income. The building has been thoughtfully maintained, with long-term tenants who take pride intheir spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, offeringimmediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy,making it an ideal setting for a property like this. The demand for mixed-use buildings in such well-situated areas continues to rise, and theability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and roomto increase revenues, this is your chance to acquire a lucrative investment property thats ready to perform from day one. Don't miss this uniqueopportunity to own a well-maintained, versatile commercial and residential property in the heart of St. Marys. (id:36535)

Features of 119 Water Street S

Listing # X11888050
Price $565,000
Bathrooms 0.00
Square Footage 3,972
Acres 0.00
Type Office

Community Information

Address 119 Water Street S
Subdivision St. Marys
City St. Marys
Province Ontario
Postal Code N4X1C9

Amenities

Parking Spaces 11
Is Waterfront No
Has Pool No

Interior

Heating Electric Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=70.5 x 158 FT

Listing Details

OfficeCourtesy Of JASON O'KEEFE Of REAL BROKER ONTARIO LTD.

Listing Map